1476 Main StGreenville, FL 32331

  • Office properties
  • 14,415 SF
For Sale
$1,114,000 View listing

Property Details for 1476 Main St

Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.63 AC
Property size (Sq ft)
14,415 SF
Property type
Office properties
Property subtype
Office buildings
APN
00-00-00-2178-000-000
APU
2178000000

Description

This stunning 12,275 square foot office building, situated on a 2.63-acre lot at 1476 SW Main Street in Greenville, Florida, presents a unique investment opportunity. Originally constructed in the early 1900s as the Greenville Elementary School, this property has undergone extensive renovations, boasting a new roof, updated plumbing, electrical, and HVAC systems. The building retains its historic charm with beautifully restored original hardwood floors, large hallways featuring transom windows, and a magnificent auditorium complete with a stage and velvet curtains. Oversized windows throughout flood the space with natural light. The versatile layout includes four large conference rooms and over twenty individual office spaces, perfect for a variety of professional uses. Two separate kitchen areas and four handicap-accessible bathrooms add to the functionality. Current tenants are in place with leases extending through 2026, offering flexibility for new ownership. This property, listed at $1,114,000, offers a rare blend of historic character and modern functionality, making it an exceptional investment or owner-occupied opportunity. The scale and design of the building are ideal for a variety of professional uses, and the location in Greenville, Florida provides excellent accessibility. Don't miss this chance to own a piece of Greenville's history.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,745,616
    6.5%
    $2,534,415
    7%
    $2,353,385
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,024,762
    Geo Method
    $1,024,762
  • Alternative Use

    Use
    Valuation
    Residential
    $3,142,674
    Hospitality
    $2,878,673
    Educational
    $2,395,022
    Medical
    $2,477,390
    Retail
    $3,725,590
1476 Main St, Greenville, Florida

Location Insight

City
Greenville
County
Madison
State
Florida
Latitude
30.4679
Longitude
-83.6347

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,757
$49,920
$426,833
$476,753
-
$49,920
$426,833
$476,753

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